Just In: 450 million dollars just liquidated after bad PPI news
More than 400 million of that are long position US Producer Price Inflation PPI July 🇺🇸 PPI Y/Y Inflation 3.3% (Forecast = 2.5%, previous month = 2.3%) PPI M/M 0.9% (Forecast = 0.2%, previous month = 0.0%) Core PPI Y/Y Inflation 3.7% (Forecast = 2.9%, previous month = 2.6%) Core PPI M/M 0.9% (Forecast = 0.2%, previous month = 0.0%) 👉 Producer Price Inflation PPI far exceeds forecast and records the strongest increase since June 2022.
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